☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ________________ Commission file number 0-14112 JACK HENRY & ASSOCIATES, INC. (Exact name of registrant as specified in its charter) Delaware 43-1128385 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 O ...

Jack Henry & Associates, Inc. (NASDAQ:JKHY) Q3 2021 Earnings Conference Call May 4, 2021 8:45 AM ET Company Participants Kevin Williams - Chief Financial Officer & Treasurer David Foss - President & Chief Executive Officer Conference Call Participants Peter Heckmann - D.A. Davidson Kartik Mehta - Northcoast Research David Togut - Evercore. ISI Steve Comery - G Research John Davis - Raymond James Ken Suchoski - Autonomous Research Dominick Gabriele - Oppenheimer Vasu Govil - KBW Operator Ladies and gentlemen ...

[PART I. FINANCIAL INFORMATION](index=3&type=section&id=PART%20I.%20FINANCIAL%20INFORMATION) This section presents the company's unaudited condensed consolidated financial information for the reporting period [ITEM 1. FINANCIAL STATEMENTS](index=3&type=section&id=ITEM%201.%20FINANCIAL%20STATEMENTS) This section presents unaudited condensed consolidated financial statements and detailed notes on accounting policies [Condensed Consolidated Balance Sheets](index=3&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) This section provides a snapshot of the company's financial position, detailing assets, liabilities, and equity **Condensed Consolidated Balance Sheet Highlights (In Thousands):** | Item | December 31, 2020 | June 30, 2020 | | :-------------------------- | :------------------ | :-------------- | | Total Assets | $2,286,709 | $2,428,474 | | Total Liabilities | $741,530 | $878,786 | | Total Stockholders' Equity | $1,545,179 | $1,549,688 | | Cash and cash equivalents | $147,762 | $213,345 | | Receivables, net | $212,934 | $300,945 | | Deferred revenues (current) | $193,409 | $318,161 | [Condensed Consolidated Statements of Income](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Income) This section presents the company's financial performance, detailing revenues, expenses, and net income **Condensed Consolidated Statements of Income Highlights (In Thousands, Except Per Share Data):** | Item | Three Months Ended Dec 31, 2020 | Three Months Ended Dec 31, 2019 | Six Months Ended Dec 31, 2020 | Six Months Ended Dec 31, 2019 | | :-------------------------------- | :------------------------------ | :------------------------------ | :---------------------------- | :---------------------------- | | Revenue | $422,361 | $419,119 | $874,161 | $857,124 | | Operating Income | $93,632 | $93,704 | $211,220 | $211,892 | | Net Income | $71,982 | $72,098 | $163,198 | $161,468 | | Basic earnings per share | $0.94 | $0.94 | $2.14 | $2.10 | | Diluted earnings per share | $0.94 | $0.94 | $2.13 | $2.10 | [Condensed Consolidated Statements of Changes in Stockholders' Equity](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Changes%20in%20Stockholders'%20Equity) This section details changes in equity, including net income, dividends, and share repurchases **Changes in Stockholders' Equity Highlights (In Thousands):** | Item | Six Months Ended Dec 31, 2020 | Six Months Ended Dec 31, 2019 | | :-------------------------------- | :---------------------------- | :---------------------------- | | Net income | $163,198 | $161,468 | | Dividends | $(65,516) | $(61,502) | | Purchase of treasury shares | $(109,899) | $(51,210) | | Total Stockholders' Equity (End of Period) | $1,545,179 | $1,486,746 | | Dividends declared per share | $0.86 | $0.80 | [Condensed Consolidated Statements of Cash Flows](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) This section outlines cash inflows and outflows from operating, investing, and financing activities **Condensed Consolidated Statements of Cash Flows Highlights (In Thousands):** | Cash Flow Activity | Six Months Ended Dec 31, 2020 | Six Months Ended Dec 31, 2019 | | :-------------------------------- | :---------------------------- | :---------------------------- | | Net cash from operating activities | $193,984 | $215,013 | | Net cash from investing activities | $(82,544) | $(125,395) | | Net cash from financing activities | $(177,023) | $(110,733) | | Net change in cash and cash equivalents | $(65,583) | $(21,115) | | Cash and cash equivalents, end of period | $147,762 | $72,513 | [Notes to Condensed Consolidated Financial Statements](index=8&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) This section provides detailed explanations and disclosures for the condensed consolidated financial statements [NOTE 1. NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES](index=8&type=section&id=NOTE%201.%20NATURE%20OF%20OPERATIONS%20AND%20SUMMARY%20OF%20SIGNIFICANT%20ACCOUNTING%20POLICIES) This note describes the company's business and outlines its significant accounting policies - Jack Henry & Associates, Inc. provides integrated computer systems and services, including software, hardware, conversion, implementation, and support, primarily to financial institutions[18](index=18&type=chunk) - The Company adopted FASB ASC Topic 326 (CECL) on July 1, 2020, for allowance for credit losses, resulting in an immaterial cumulative effect adjustment to retained earnings[21](index=21&type=chunk)[35](index=35&type=chunk) **Allowance for Credit Losses Activity (In Thousands):** | Item | Three Months Ended Dec 31, 2020 | Six Months Ended Dec 31, 2020 | | :-------------------------------- | :------------------------------ | :---------------------------- | | Allowance for credit losses - beginning balance | $6,731 | $6,719 | | Current provision for expected credit losses | $370 | $910 | | Allowance for credit losses - ending balance | $6,830 | $6,830 | - The COVID-19 pandemic did not result in a significant increase in the Company's expected credit loss allowance as of December 31, 2020, but future developments could have a material impact on management's estimates[22](index=22&type=chunk)[32](index=32&type=chunk) [NOTE 2. RECENT ACCOUNTING PRONOUNCEMENTS](index=10&type=section&id=NOTE%202.%20RECENT%20ACCOUNTING%20PRONOUNCEMENTS) This note details the adoption and impact of recent accounting standards on financial statements - The Company adopted ASU No. 2017-04 (Goodwill Impairment) on July 1, 2020, with no material impact on its financial statements[33](index=33&type=chunk) - ASU No. 2016-13 (CECL) was adopted effective July 1, 2020, resulting in a cumulative-effect decrease to beginning retained earnings of **$493K**[34](index=34&type=chunk)[35](index=35&type=chunk) - ASU No. 2019-12 (Income Taxes) will be effective for the Company on July 1, 2021, and is not expected to have a material impact[36](index=36&type=chunk) [NOTE 3. REVENUE AND DEFERRED COSTS](index=10&type=section&id=NOTE%203.%20REVENUE%20AND%20DEFERRED%20COSTS) This note provides a breakdown of revenue by type and details deferred revenue and related costs - The Company generates revenue from data processing, transaction processing, software licensing and related services, professional services, and hardware sales[37](index=37&type=chunk) **Revenue Disaggregated by Type (In Thousands):** | Revenue Type | Three Months Ended Dec 31, 2020 | Three Months Ended Dec 31, 2019 | Six Months Ended Dec 31, 2020 | Six Months Ended Dec 31, 2019 | | :---------------------- | :------------------------------ | :------------------------------ | :---------------------------- | :---------------------------- | | Outsourcing & Cloud | $124,498 | $115,897 | $245,456 | $224,480 | | Product Delivery & Services | $48,414 | $61,709 | $105,312 | $133,070 | | In-House Support | $77,961 | $77,598 | $181,102 | $176,462 | | Services & Support | $250,873 | $255,204 | $531,870 | $534,012 | | Processing | $171,488 | $163,915 | $342,291 | $323,112 | | Total Revenue | $422,361 | $419,119 | $874,161 | $857,124 | - As of December 31, 2020, estimated revenue expected to be recognized in the future related to unsatisfied performance obligations totaled **$4,139,497K**, with approximately **27% expected over the next 12 months**[45](index=45&type=chunk) [NOTE 4. FAIR VALUE OF FINANCIAL INSTRUMENTS](index=12&type=section&id=NOTE%204.%20FAIR%20VALUE%20OF%20FINANCIAL%20INSTRUMENTS) This note describes fair value measurements of financial instruments - For cash equivalents, certificates of deposit, amounts receivable or payable, and short-term borrowings, fair values approximate carrying value due to their short-term nature[48](index=48&type=chunk) **Fair Value of Financial Assets (In Thousands):** | Item | December 31, 2020 (Level 2) | June 30, 2020 (Level 2) |

Financial Data and Key Metrics Changes - For Q2 of fiscal 2021, total revenue increased by 1% year-over-year and by 2% on a non-GAAP basis [10][28] - Net income was $72 million for the second quarter, compared to $72.1 million last year, with earnings per share of $0.94 in both quarters [32] - The effective tax rate for the quarter was essentially flat at 23.1% compared to 23.2% last year [32] Business Line Data and Key Metrics Changes - Core segment revenue increased by 1% for the quarter and by 4% on a non-GAAP basis [11] - Payments segment revenue posted a 2% increase this quarter and a 3% increase on a non-GAAP basis [11] - Complementary solutions business saw a 3% increase in revenue this quarter and a 4% increase on a non-GAAP basis [11] Market Data and Key Metrics Changes - 73% of banks in the target market expect to increase their technology spending in 2021, with 22% indicating an increase of greater than 10% year-over-year [22] - The sales pipeline is robust, with the company experiencing the fifth largest sales quarter in its history [12][23] Company Strategy and Development Direction - The company is focusing on digital banking solutions, with over 4 million users on the Banno Digital platform [15] - The company is actively participating in the FedNow pilot program to enhance its payments solutions [17] - The company aims to improve margins and return to historical levels by migrating customers to its private cloud and enhancing its card processing platform [90][92] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the strength of technology solutions and the spending environment as the economy recovers [23] - The company anticipates a significant decrease in deconversion revenue in Q3, impacting revenue growth in the short term but is viewed positively in the long term [37] - Management noted that the sales pipeline is back to pre-pandemic levels, indicating potential for increased core wins in the future [82] Other Important Information - The company released its first corporate sustainability report, highlighting commitments to stakeholders and corporate responsibility [20][21] - The company plans to hold a virtual Analyst Day on May 11 [95] Q&A Session Summary Question: Could you walk through the revenue guidance part again? - The GAAP guidance provided is $1.760 million to $1.770 million, with a $30 million decrease in deconversion fees impacting the non-GAAP revenue guidance [45][46] Question: What is the demand for credit card business? - There is ongoing demand, with five new credit card customers signed this year, but the company is cautious about overextending during the debit conversion [47][48] Question: How are customers responding to fintech competition? - Customers are exploring digital-only banks and partnerships with fintechs to enhance their offerings [50][51] Question: What is the expected impact of the legacy debit processing platform shutdown? - The company expects to recognize around 15% to 20% of the annualized direct cost reduction in fiscal '21 [54] Question: What is driving the difference in core and complementary demand? - Core replacements are challenging during the pandemic, while demand for complementary solutions has increased due to the need for digital services [58][59] Question: Will new core wins return to pre-COVID levels? - The pipeline is back to pre-pandemic levels, and management expects new core wins to increase later this year [82][84] Question: How will sales trend as the economy reopens? - The company expects to see more core signings while maintaining strong complementary bookings [86][87]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ________________ Commission file number 0-14112 JACK HENRY & ASSOCIATES, INC. (Exact name of registrant as specified in its charter) Delaware 43-11 ...

Financial Data and Key Metrics Changes - Total revenue increased by 3% for the quarter and by over 5% on a non-GAAP basis [15][32] - Net income was $91.2 million for the first quarter compared to $89.4 million last year, with earnings per share of $1.19 compared to $1.16 [37] - The effective tax rate for the quarter decreased to 22.4% from 24.6% last year [37] Business Line Data and Key Metrics Changes - Core segment revenue increased by 2% for the quarter and by 5% on a non-GAAP basis [16] - Payment segment revenue posted a 5% increase this quarter and a 7% increase on a non-GAAP basis [16] - Complementary solutions businesses saw a 6% increase in revenue this quarter and a 7% increase on a non-GAAP basis [16] Market Data and Key Metrics Changes - The company signed 29 new contracts for its Banno Digital suite in Q1, with over 3 million active monthly users [20][21] - The Bank Director Technology Survey indicated that 64% of respondents increased their technology spending expectations by 5% to 15% compared to pre-pandemic budgets [21] Company Strategy and Development Direction - The company continues to focus on enhancing its digital offerings and customer experience, which have become top priorities for banks due to the pandemic [21][96] - The company is committed to maintaining an open API strategy to facilitate connectivity with other technology providers [86][88] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's fundamentals, noting a solid cash position and a high percentage of recurring revenue [27][28] - The company anticipates some revenue headwinds in the first half of the year due to delayed implementations and the shift to private cloud [45] Other Important Information - The company divested its CruiseNet business, which had minimal impact on overall performance [24][25] - The company has a cash position of $195.3 million and no long-term debt other than leases [40] Q&A Session Summary Question: Why was the support and service line growth lower than previous years? - Management explained that delayed implementations and ongoing shifts to outsourcing impacted revenue growth, resulting in a 4% increase this quarter [48][50] Question: What are the expectations for revenue growth in Q2? - Management indicated that Q2 might see slower growth due to seasonal patterns and anticipated decreases in deconversion fees [52][53] Question: How is the Banno digital suite performing? - Management reported strong performance with 29 new customers signed and a high consumer rating of 4.79 out of 5 stars [67][68] Question: What are the capital allocation priorities given the cash position? - Management stated that acquisitions are a priority, but they will also continue dividends and stock buybacks if no suitable acquisition opportunities arise [82][84] Question: How are banks adapting to digital trends? - Management noted an increase in RFPs for core solutions, indicating a growing interest in technology upgrades among banks [74][75] Question: What is the impact of potential partnerships between tech giants and banks? - Management reported no immediate threat perceived by customers regarding partnerships like Google's, but they are monitoring the situation closely [104][105]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2020 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ For the transition period from ______________ to ________________ Commission file number 0-14112 JACK HENRY & ASSOCIAT ...

Jack Henry & Associates, Inc. (NASDAQ:JKHY) Q4 2020 Earnings Conference Call August 19, 2020 8:45 AM ET Company Participants Kevin Williams - Chief Financial Officer & Treasurer David Foss - President & Chief Executive Officer Conference Call Participants Peter Heckmann - D.A. Davidson Kartik Mehta - Northcoast Research John Davis - Raymond James Vasu Govil - KBW Josh Siegler - Evercore ISI Dave Koning - Baird Brett Huff - Stephens, Inc. Operator Ladies and gentlemen, thank you for standing by and welcome t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☒ 1934 For the quarterly period ended March 31, 2020 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ________________ Commission file number 0-14112 (Exact name of registrant as specified in its charter) Delaware 43-1128385 (State or Other Jurisdiction o ...

Jack Henry & Associates, Inc. (NASDAQ:JKHY) Q3 2020 Earnings Conference Call May 5, 2020 8:45 AM ET Company Participants Kevin Williams - CFO and Treasurer Dave Foss - President and CEO Conference Call Participants Dan Perlin - RBC Capital Markets Vasu Govil - KBW David Togut - Evercore ISI Kartik Mehta - Northcoast Research John Davis - Raymond James Peter Heckmann - Davidson Dave Koning - Baird Brett Huff - Stephens, Inc Tim Willi - Wells Fargo Operator Ladies and gentlemen, thank you for standing by and ...